Angel Group Agency

Charity Navigator Rating: 59% (One-Star out of Four Stars)

Angel Group Agency has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and governance practices. The organization's overall score of 59% reflects a lack of independent board members, with 0% of its board being independent. This lack of independence is critical as it can affect the organization's decision-making processes and transparency.

Despite the governance issues, the agency shows a strong commitment to its programs, with a program expense ratio of 76.34%, which indicates that a substantial portion of its budget is allocated to its mission-related activities. Additionally, the organization has no material diversion of assets and maintains a favorable liabilities to assets ratio of 6.64%. However, the absence of essential policies such as a conflict of interest policy, whistleblower policy, and document retention policy raises concerns about its operational integrity.

Overall, while Angel Group Agency demonstrates a commitment to its programs, the major governance weaknesses and lack of accountability mechanisms significantly impact its overall rating. To enhance its effectiveness and transparency, addressing these governance issues is crucial.

This AI summary has been generated from information found on Charity Navigator.

Angel Group Agency is a legitimate nonprofit organization registered as a 501(c)(3) entity. Angel Group Agency submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Official website here: www.angelgroupagency.org